Funding Solutions
Bridging Finance for Your Deposit While Your Property Sells
Secure the deposit on your next purchase without waiting for your sale to settle
You've found the next property, but the deposit is tied up in equity you can't yet access, your current place hasn't sold, or the money's still weeks away. Flexy releases the equity you already hold against your existing property to cover the deposit, so you don't lose the purchase waiting on a settlement date you don't control.
Up to $150,000
Offers within 24 hours
.jpg)
How Flexy helps
We release the equity you hold in a property you already own, whether that's the one you're selling or another property entirely, to fund the deposit on your next purchase. Your existing bank mortgage stays exactly where it is.
Because this is specifically for the deposit rather than the full purchase price, your loan amount is smaller and your exit is usually the clearest part of the application: the property you're already selling, or plan to sell, to repay it.
.jpg)
Which Flexy loan is right for you?
Both loans release the equity in your property. The difference is how you repay. Pick the one that matches your cash flow and your exit.
Product
2-Year P&I Equity Release
Borrow up to $50,000 against your property equity and repay it steadily through regular principal and interest payments over up to 24 months. Your balance reduces with every repayment and your bank loan stays in place.
Eligibility criteria: You will need sufficient cash flow to support regular repayments to qualify.
Term: Up to 24 months
Repayments: Principal and interest
Principal: Repaid progressively
Product
Short-Term Equity Release
Borrow up to $150,000 against your property equity for 3 to 12 months, with interest-only repayments and the principal repaid as a lump sum at the end. Your bank loan stays in place, no refinancing required.
Eligibility criteria: You will need a suitable lump-sum repayment plan is required to qualify
Term: 3-12 months
Repayments: Interest only
Principal: Repaid at end of term
.jpg)
Why it worked: The deposit secured while the sale was still on the market
The situation
A property owner had found their next purchase and needed the deposit, but their existing property was still listed for sale and hadn't settled.
What we did
We released $93,500 in equity against the property, secured behind the existing bank mortgage, to fund the deposit on the new purchase.
The outcome
The loan was repaid in full once the existing property sold, exactly as planned.
Why it worked: An auction deposit funded from equity across the portfolio
The situation
An experienced property investor found a larger property at auction and needed to fund the deposit quickly to meet the unconditional auction terms.
What we did
We released $84,000 in equity against the investor's existing rental properties, secured behind their existing bank mortgages, so the auction deposit could be paid on time.
The outcome
The loan was repaid once other properties in the portfolio were sold down, as planned from the outset.
How Flexy lending works
01
Apply online in minutes
Provide your property address, the amount you need, the purpose of the funds and your repayment plan.
02
Fast assessment
Flexy reviews your available equity, LVR and ability to service the loan. Once we have a complete application, we aim to issue a loan offer within 24 hours.
03
Receive your funds
Accept the offer, complete the remaining requirements through your online portal, and Flexy arranges settlement. Caveat loans can fund within days. Repeat clients can be funded same day.
Related purposes
Read about the other purposes Flexy can fund, and find the right option for your situation. Flexy offers two pathways, depending on your exit strategy: a short-term loan with a lump-sum repayment, or a 2-year option you repay gradually as you go.
Instant estimate
How much can I borrow?
See what your property equity could unlock. Enter a few details for a free, instant estimate, with no obligation and no effect on your existing bank mortgage. It takes about a minute.
Flexy is a direct lender, so you deal with the decision-makers directly. Your existing bank loan stays in place, no refinancing required. No tax returns or profit and loss statements to gather, and loan offers are issued within 24 hours of a complete application.
Frequently asked questions
Can I get finance for just the deposit, not the full purchase price?
Do I need to have sold my property first?
What if my property takes longer to sell than expected?
Can I use equity from a different property to fund a deposit on a new one?
Does my bank need to know about this loan?
Prefer to talk it through?
Call 021 294 8742 or email hello@flexy.co.nz
Lending is subject to approval. Loans are available to New Zealand companies and trusts for business or investment purposes only. Interest rates, fees and lending criteria may change without notice. Flexy Limited, FSP1006845. Terms and conditions apply.
%20(1).png)
Is this your situation?
You've found your next property but your current one hasn't sold or settled yet
You need the deposit now, an auction, a signed contract, or a fixed date you can't move
You have equity in a property you already own, but it's not accessible in time through a bank
You plan to repay the loan from the sale of your existing property
You don't want to disturb your existing bank mortgage to get there
If any of these sound familiar, we can usually give you an answer within 24 hours.
What situations we help with
